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Germany doubles funds for AI ‘made in Europe’
Aug. 24, 2023, 12:31 p.m. | Linnea Ahlgren
The Next Web thenextweb.com
On Wednesday, the German government announced that it would nearly double its funding for artificial intelligence research. The money pledged towards the development of AI systems now amounts to nearly €1bn, which is still far behind the $3.3bn (€3.04bn) in public funding the US reportedly threw at the field last year. The Federal Ministry for Education and Research said that AI is a “key technology” that offers enormous opportunities for science, growth, prosperity, competitiveness, and social added value. It further …
ai systems artificial artificial intelligence deep tech development europe funding german germany government government and policy intelligence money public research systems wednesday
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